WB reveals Sri Lanka ranks 4th in food inflation!

Date:

Sri Lanka has ranked forth place in the world in terms of food inflation at a rate of 91 per cent, a report on food security during in 53 countries the period from September 2021 to August 2022 issued by the World Bank revealed.

Zimbabwe is the country to suffer from the highest food inflation, at a staggering rate of 353 per cent. Only Lebanon and Venezuela ranks above Sri Lanka.

Among the top 10 countries are also Turkey, Iran, Argentina, Moldova, Ethiopia and Rwanda.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka Targets Pharmaceutical Exports amid Industry Growth

In a renewed push to expand its export base,...

South Asia’s Premier Fight League Heads to Colombo, Boosting Sports Tourism

Sri Lanka is set to become the regional hotspot...

Bold Reforms Critical to Sustain Sri Lanka’s Economic Recovery, New Report Warns

Sri Lanka must act urgently to implement bold economic...

UK Duty Relief Offers Respite from US Tariffs on Lankan Apparel Sector

Sri Lanka’s apparel sector has received a significant boost...